Articles, Library comments - page 31

Fair Value Gap Scanner MT5 : An MT5 fair value gap scanner that marks bullish and bearish imbalances and tracks when each zone is filled. Author: Waseem Shahrukh

Check out the new article: A Reusable Breakeven Manager in MQL5 with Spread Compensation . A robust breakeven implementation for MQL5 is built around live spread sampling and correct pip-to-price conversion by symbol digits. CBreakevenManager moves SL to open_price ± spread ± buffer once a real‑pip

Session Liquidity Map MT5 : A broker time session map for MT5 that displays Asia, London and New York ranges with their confirmed highs and lows. Author: Waseem Shahrukh

Market Structure Swing Map MT5 : A clear MT5 market structure indicator that labels confirmed HH, HL, LH and LL swings directly on the chart. Author: Waseem Shahrukh

Multi Timeframe Trend Matrix MT5 : A compact MT5 trend dashboard that compares EMA alignment and ADX strength across six timeframes. Author: Waseem Shahrukh

Overnight Cost Meter : The script prices one night of holding: for every open position and every Market Watch symbol it prints the swap per night in your account currency, the annualized cost in percent for both directions, the broker's rate-independent markup (|swap long| + |swap short| never

Second Bars : The indicator draws an arbitrary second timeframe on the chart. Author: Aleksandr Slavskii

GDS Renko SuperTrend Demo EA : A small educational Expert Advisor for MetaTrader 5 showing one simple way to combine classic fixed-size Renko bricks with a SuperTrend-style trend state. Author: Andrey Goida

Check out the new article: Quantum Computing and Gradient Boosting in EURUSD Trading . The article describes the practical implementation of a hybrid algorithmic trading system that combines quantum computing (IBM Qiskit) and gradient boosting (CatBoost) to predict movements in the EURUSD pair on

Check out the new article: Motifs and Discords: Building a Matrix Profile from Scratch . We build the Matrix Profile for MQL5 from the ground up and keep it numerically stable on real prices. The library includes rolling statistics, a radix-2 FFT powering MASS, and a STOMP self-join, with results

Check out the new article: Hypothesis Testing for Trading Strategies — Proving Whether Your Edge is Real . Net profit and win rate do not tell you if a strategy's edge is statistically real. This MQL5 toolkit analyzes return series built from price data or deal history and reports t‑statistics

Check out the new article: Controller Objects for Everything: Draggable Slider Control . The article details a complete MQL5 implementation of a draggable slider for controlling ranges on the chart. It introduces the CDragHandle class, private state, public APIs for dimensions, colors, range, and

Nikkei 225 Gap Continuation EA : The Nikkei 225 Gap Continuation EA is a MetaTrader 5 Expert Advisor that trades bullish and bearish continuation movements after the cash-session opening gap. It combines an opening-range breakout with VWAP confirmation, automatic risk-based position sizing, partial

Trading Tool Assistant v2 : Manage orders, existing orders, limit orders, trailing, break event & Lot size calculator in one tool Author: Gusti Risyadi Noor

Check out the new article: From Novice to Expert: Support and Resistance Strength Indicator (SRSI) . In this article, we will share insights on how to leverage MQL5 programming to pinpoint market levels—differentiating between weaker and strongest price levels. We will fully develop a working

Check out the new article: Python + LLM API + MetaTrader 5: Real-World Experience Building an Autonomous Trading Bot . The article describes the development of an MVP prototype for an autonomous trading bot for MetaTrader 5 that uses large language models (LLMs) via the OpenRouter API to analyze the

GDS Renko Zones Demo EA : A small educational Expert Advisor for MetaTrader 5 showing one simple way to automate support and resistance reactions with internally built classic Renko bricks. Author: Andrey Goida

New article Neural networks made easy (Part 4): Recurrent networks has been published: We continue studying the world of neural networks. In this article, we will consider another type of neural networks, recurrent networks. This type is proposed for use with time series, which are represented in

GDS Renko Bricks : A simple real-time classic Renko chart for MetaTrader 5. Set the brick size and the indicator builds equal-width Renko bricks directly from tick data. No offline charts, custom symbols or external libraries are required. Author: Andrey Goida

GDS Renko Reversal Context : A simple MT5 indicator that shows the current fixed-size Renko run and the exact price level required to confirm a classic two-brick reversal. Author: Andrey Goida

Check out the new article: Price Action Analysis Toolkit Development (Part 79): Extending the Indicator Search Panel with Dynamic Input Parameter Configuration . We integrate parameter configuration into the indicator search workflow in MQL5. A central repository describes each indicator's inputs, a

Check out the new article: Implementing a Trade Throttle and Rate Limiter in MQL5 . We build a trade throttle for MQL5 EAs using a token bucket with a priority queue to control order submission rate. Tokens refill at a configurable per‑second rate, allowing short bursts up to capacity and then

Check out the new article: Larry Williams Market Secrets (Part 17) : Detecting Oops Signals Using a Custom Indicator . This article implements an MQL5 custom indicator that detects Larry Williams Oops gap reversals and marks bullish and bearish arrows on the chart. It details configurable gap and

Check out the new article: Building a Compile-Time Unit Testing Framework in MQL5 Using Preprocessor Assertions . MQL5 lacks native unit testing, so utility bugs in lot sizing, pip value, and normalization often slip into production. This article presents a zero‑dependency framework built from

Check out the new article: Neural Networks in Trading: Probabilistic Time Series Forecasting (Conclusion) . We invite you to learn about the K²VAE framework and how the proposed approaches can be integrated into a trading system. You will learn how the hybrid Koopman–Kalman–VAE approach helps build

Wolfe Wave Dashboard : Professional MQL5 indicator (separate window) that automatically scans multiple symbols and timeframes, detects the most recent valid Wolfe Wave patterns (bullish/bearish), displays them in an interactive dashboard, and allows one-click chart opening with full pattern drawing

IronHawk Fibonacci Structure Map : Free MT5 indicator that automatically maps Fibonacci levels across multiple timeframes and highlights confluence zones, market structure, premium/discount areas and key price reactions. Author: Wennide Mogore

Check out the new article: Risk Manager for Trading Robots (Part I): Risk Control Include File for Expert Advisors . Trading is characterized by high demands on risk management discipline. The article presents an analysis of the main reasons for traders' failures and proposes a technical solution in

Broker Execution Diagnostics : A read only MT5 script that reports broker symbol specifications, volume limits, price settings, execution modes, trading permissions, margin requirements and estimated profit values. Author: Waseem Shahrukh

Market Session Separator Indicator : Marks the start/end of up to three trading sessions (Asian, London, New York, or any custom windows) with vertical separators and/or shaded background boxes, repeated daily across a rolling recent window. Purely visual — no calculations, no signals, just clean